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20121205
20121213
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MSNBCW 6
MSNBC 3
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Search Results 0 to 8 of about 9 (some duplicates have been removed)
MSNBC
Dec 7, 2012 1:00am PST
the president can permit the economy to fall over the fiscal cliff, or curb, whatever you want to call it, he can't allow us to default on our debt. that would, like, destroy the economy. that gives republicans a stronger hand or so they think. but really, think about that. here's how it would go. later this month, republicans would, by voting present, which everyone would think was a bit weird, permit the bush tax cuts to expire for income over $250,000. that would let president obama pocket $1 trillion in tax revenue and secure a win on his key priority in the talks. but they would do nothing else. at the end of the year, we would still go over the fiscal cliff. remember, the bush tax cuts are one of the at least stimulative policies in the negotiations. according to the economic policy institute, extending the middle class tax cuts would wipe out only about 11% of the austerity's economic impact. 11%. but all that other stuff, the payroll tax cut, the unemployment insurance, the sequester, all that, that would still be expiring. so come early next year, the economy would likely be entering
MSNBC
Dec 12, 2012 1:00am PST
love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. fiscal cliff? >> you know, i remain optimistic that there are enough people of good will in this town that recognize our economy will be much better off, american families will be much better off if we get this done. the most important thing we can do is make sure the middle class taxes do not go up on january 1st. and i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high-income individuals. >> there is big news tonight out of washington where speaker john boehner and obama are talking. this is actually not nothing, not in this town. early last week they really weren't talking, and neither were their staffs. progress on what to do about all those expiring tax cuts and schedule spending cuts and that possible recession congress might create, totally stalled. but now today they are talking, and their staffs are talking, and they're even exchanging paper, real paper. news leaked today that in the last few days, there have been new of
Search Results 0 to 8 of about 9 (some duplicates have been removed)